Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy Walker, solution principal at Sovos, told PYMNTS, the Internal Revenue Service’s ongoing digitization efforts pose...
Chime has expanded the availability of free access to its in-app tax filing pilot program. Following a successful pilot launch, the new tax feature is now available to millions more eligible Chime members, the banking app said in a Thursday (March 14) press release. “Offering...
It’s unprecedented. The federal tax filing deadline in 2020 has been waived in the wake of coronavirus disruptions. The president announced there will be no penalties or interest levied for late filing against those affected, and many states will certainly do the same. Amazing development....
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process that many consumers and businesses already consider a nightmare of paper-based bureaucracy. However, that opportunity...
May 04, 2024
Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy Walker, solution principal at Sovos, told PYMNTS, the Internal Revenue Service’s ongoing digitization efforts pose challenges — and benefits — for enterprises switching from paper-based […]
March 11, 2019
One of the positive (or at least most promising) projects in the push toward more digital forms of payment and commerce concerns taxes — specifically, bringing more efficiency to a process...
November 19, 2024
Intuit and H&R Block saw their stocks drop 5% and 8%, respectively, on Tuesday (Nov. 19) after a media report that the incoming Trump administration is considering a free tax-filing app. The Washington Post reported in a paywalled article that Donald Trump’s Department of Government Efficiency (DOGE), an outside advisory commission that will be led […]
March 14, 2024
Chime has expanded the availability of free access to its in-app tax filing pilot program. Following a successful pilot launch, the new tax feature is now available to millions more...
February 13, 2017
Tax season is just around the corner. People are gathering up all of their forms and preparing to file. The main concern most may be having at this time is...